This property could be a profitable Long-Term investment with a projected 21.7% first-year return on $20,790 initial cash invested.
21.7%
Cash On Cash
12.22%
Cap Rate
1.79
DSCR
$1,406
Rent
$376
Cashflow
Cash Flow
$1,406 income − $1,030 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$99,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,790
Downpayment
20%
$19,800
Closing costs
1%
$990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,406
Total Expenses
$1,030
Mortgage P&I
40%
$562
Property Taxes
5%
$68
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0